noun
- plural of noncompetition; instances or situations in which competition does not occur or is not involved
- plural of noncompetition agreement; legal contracts that restrict an employee or party from competing with a business after employment ends
Usage: typically used in business, legal, or organizational contexts
Usage: legal/business term; often called 'non-compete agreements'
Examples
- The company enforced strict noncompetitions to protect its trade secrets.
- Several employees signed noncompetitions before joining the firm.
- The court ruled that some of the noncompetitions were too restrictive.
- Noncompetitions in the tech industry often last two to three years.
- The agreement included multiple noncompetitions covering different market segments.